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The position of the chief procurement officer is believed by many to have taken on increased significance in corporations, and the role is thought to have grown more strategic in recent years. Globalization , compliance pressures, supply market risk, and procurement automation have simultaneously elevated the visibility of the procurement ...
Procurement is one component of the broader concept of sourcing and acquisition. Typically procurement is viewed as more tactical in nature (the process of physically buying a product or service) and sourcing and acquisition are viewed as more strategic and encompassing. [citation needed] Multiple sourcing business models and acquisition models ...
The current Title 10 was the result of an overhaul and renumbering of the former Title 10 and Title 34 into one title by an act of Congress on August 10, 1956. Title 32 outlines the related but different legal basis for the roles, missions and organization of the United States National Guard in the United States Code.
The procurement process is subject to legislation and regulation separate from the authorization and appropriation process. These regulations are included in the Code of Federal Regulations ("CFR"), the omnibus listing of Government regulations, as Title 48. Chapter 1 of Title 48 is commonly called the Federal Acquisition Regulation ("FAR").
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States, [1] and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1. It covers many of the contracts issued by the US military and NASA, as well as US civilian federal agencies.
Title III (sections 301-310) outlines policies for the application of federal procurement and methods for acquisition procedures, electronic commerce capability, competition, solicitation of services, evaluation, and validation of proprietary data. Additionally, regulation of interaction between contracting agencies and the GSA is detailed here.
Subsection 414(4) of Title 41, United States Code, requires agency heads to establish and maintain a procurement career management program and a system for the selection, appointment, and termination of appointment of contracting officers. Agency heads or their designees may select and appoint contracting officers and terminate their appointments.
Burkina Faso's Autorite de Regulation de la Commande Publique (ARCOP), [66] established in July 2008, is the regulatory oversight body which ensures fairness in government procurement processes. Its role is to monitor the execution of all government contracts and it may impose sanctions, initiate lawsuits, and publish the names of fraudulent or ...
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